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Hrm/531 Week 4 Paper

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Chapter two reviews probability and the normal distribution. Probability equals the number of events meeting the specified condition divided by the number of possibilities (Mirabella, p. 2-1, 2011). For example, my organization two primary products. Those products are orange postal bags and brown boxes. Forty percent of the volume consists of orange postal bags. A simple probability question could be as follows; out of ten packages, how many postal bags are processed. The answer would be four out of ten. In this example, the number of events would be four. The specified condition would the number of postal bags versus brown boxes. The total number of possibilities would be ten. The normal probability curve is a bell-shaped curve which peaks …show more content…

The author utilizes dice to help the students get comfortable with statistics. A data file, pivot table, and a normal probability table are utilized. Students roll a die 180 times. The die landed on six 14.2% percent of the time (Sharma, 2015). Another article in the Teaching Statistics magazine focuses on conditional probabilities. The article is helpful because it defines a truth table report. A truth table reports the truth or falsity of statements with multiple parts by indicating whether or not each of the component statements is true (Satake & Vashlishan, 2015). One of the difficulties with probabilities is defining what you are attempting to solve. The truth table aids in making that determination. The pivot table, normal distribution table, and the joint probability table will be beneficial in my current position. I am a Managing Director for a fortune five hundred company. My organization is a part of the transportation industry. The enterprise moves cargo all around the world. Specifically, I plan to analyze trends related to package movement, motion studies, as well as resource allocation. Understanding statistics will give me the ability to make better organizational

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